MRPR's Advice Saved Client $110,000

"Your advice identified $165,000 in previously overlooked tax deductions and discovered a favorable federal tax treatment for over $250,000 in revenue. Your Firm was able to complete this project faster and with greater certainty than any other we had engaged in the past 3 years. Based on your recommendations, we achieved cash savings of $110,000..."

Resources

Our Resource Center is filled with a broad array of helpful information, including financial calculators, current news, tax alerts and complimentary resources to keep you informed on important issues related to your business.

MRPR Assists Fiduciaries to Fulfill Their Trustee Responsibilities

Trust accounting issues can be confusing, especially for a fiduciary of a trust, who is required by law to provide a fiduciary accounting to the beneficiaries of the trust.

With over 30 years of experience working with fiduciaries, MRPR provides fiduciaries with a complete and accurate trust accounting, reporting annual trust account activity.

Our Trust and Estate team will make sure you stay in Compliance while paying the Least Amount of Tax

MRPR has experienced CPAs dedicated to helping trustees, executors and personal representatives stay in compliance with tax laws and regulations governing trusts and estates, while at the same time, developing strategies to help you pay the least amount of tax required by law.

Estate Tax Imposed on a Decedent's Taxable Estate? We Can Help!

If the estate tax is applicable to a decedent's taxable estate, a tax return (IRS Form 706) must be filed by the trustee, executor or personal representative of the descendent. With the recent significant changes in federal laws in regard to the taxation of estates, it is important to know how to apply these laws to provide the greatest tax savings possible.

MRPR has the expertise and knowledge of current and pending laws to help you navigate the complicated issues in regards to estate tax returns. Our experience helps to ensure the quality of our work, and to provide the most tax savings to our clients.

Need Resources to Help Fulfill Your Fiduciary Responsibilities?

MRPR as a firm, or as represented by one of our Principals or senior leaders, is a member of the Financial and Estate Planning Council of Metro Detroit, Inc. and the "Society of Trust and Estate Practitioners"

Information Needed to Prepare Form 1041 Income Tax Returns for Estates and Trusts

Guide to Inherited Property "Basis" Rules

Testimonials

MRPR's Strategic Consulting Services Pays-Off for a Client

"Most recently, we had a great deal of uncertainty as to how to design the redemption of a retiring shareholder. When we brought it to your attention you had ideas and options that ultimately enabled us to satisfy the concerns of not only all of the shareholders, but those of our legal counsel. The end result was..." Read More

Diamond Tool Manufacturing
Michael J. McHugh, President

Foundation Praises MRPR's Expertise and Responsiveness

"We were concerned about finding a quality tax and accounting Firm to handle our Foundation's and other various Trusts' needs...your solid expertise and quick responsiveness was instrumental in overcoming various tax hurdles presented by the IRS..." Read More